Hungary agrees to allow EU loan for Kyiv but will not contribute
Stockholm, December 19 (Hibya) – Hungarian Prime Minister Viktor Orban said his country has agreed not to block a major EU-backed interest-free loan to meet Ukraine’s military and economic needs over the next two years, provided that Hungary, Slovakia and the Czech Republic are exempted from debt guarantees.
After no agreement was reached on the use of frozen Russian assets, diplomats announced early Friday a new €90 billion loan for Ukraine.
It was stated that the agreement will not affect the financial obligations of Hungary, Slovakia and the Czech Republic, which do not wish to contribute to Ukraine’s financing.
Pro-Moscow Hungary had previously said it would oppose this deal, just as it opposed the use of Russian assets.
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